WHAT THE WORLD JUST HAPPED TO GMCR?!!?
gmcr
down 40% after close wtf is story behind this any one have any info on this? Who just got taken to the cleaners?
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not sure why it's 40% though...
this is getting insane every day a stocks is droping >20% is this the new normal.....
my bet is on may 18th it's facebook
lolololol 1 to 100 p/e ............
I thought that David Einhorn already shorted the crap out of GMCR!!!!!!!!!!!!! how did it go down even more?!?!?!
FUKIN SORROS!!!!!!!!!!!!!!!!!!!!!1
haha probably was! although Soros takes down countries lol Did it really drop 40% because it missed its forecast?!?!?!?
YEA BUT ONLY BECAUSE OF THE WEATHER DUDE
trust ME
GMCR HAS TOP METORANTHOPOLOGISTS THEY HAVE THE WEATHER RECORDED FOR YEARS AND they kno weather affects there infinity increasing revenue growth
i can confirm this
for some reason gmcr is always extremely volatile after they report earnings. sometimes they're up 30%, sometimes down 30%. I remember watching cnbc today and seeing the stock re-open at 4:20 and it dived like a rock. Herb Greenberg said that gcmcr's growth story is dead. The CEO himself sited their growth as "moderated" going forward which is most certainly not appealing to investors.
EPS fell short of analyst estimates @ $.48 vs $.72 consensus on revenues of $860mm vs $1.05B which are decent misses, not to mention the company lowered guidance going forward.
Hopefully this answers your question, I feel bad for everyone holding gmcr but I am afraid the company's growth story is over. If you don't agree with me, look at this as a welcoming buying opportunity and buy buy buy.
my 2c
+1
wow...
The big problem with GMCR is that they sold fewer of their Keurig brewers and associated K-cup portion packs last quarter. FAR FEWER. And they make up pretty much all of its profits, and future for profits. I remember Zero Hedge laughing at Whitney Tilson for being short GMCR a few months ago. Tilson kept talking about how every quarter the actions GMCR was taking were essentially taking away future sales ot boots curent quarter earnings. Looks like it finally caught up to them.
Einhorn pricked the balloon and the K-cup patent is coming to an end on September 12, 2012. The conference call and guidance took many analysts by surprise (lower guidance for flattening earnings, yet CAPEX not cut). This has been a position to short since mid-2011, from what I understand.
I mean, the company said on the conference call they 'learned that hot cocoa is very temperature-sensitive' because of this year's exceptionally warm winter. Did they not know that hot cocoa tends not to sell well during the summer?
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